[2026-05-08] Gold Intraday: choppy.

Description

Pivot: 4730

Our preference: short positions below 4730 with targets at 4660 & 4625 in extension.

Alternative scenario: above 4730 look for further upside with 4765 & 4800 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

4800

4765

4730

4701 Last

4660

4625

4585

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